Wednesday, January 7, 2015

The Sensex Outlook for the day - 07-01-2015

The  Sensex Outlook for the day -
Falling back to sub 27500 levels was expected, but falling all the way to sub 27000 levels was not expected.While one can safely rule-out further downside, the recovery from sub 27000 levels will be slow and painful.
Date 07-Jan-15
S2 26,642
S1 26,937
Sensex Previous Close                  26,987.46
R1 27,208
R2 27,414
Medium Term Fair Value (6-12 months) 30,170

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